The president of State University wants to forecast student enrollment for this academic year based on the following historical data:

Year	Enrollments
5 years ago	25,000
4 years ago	26,000
3 years ago	28,000
2 years ago	30,000
Last year	32,000

What is the forecast for this year using exponential smoothing with alpha = 0.5, if the forecast for two years ago was 28,000?

28,000

28,500

29,000

30,500

None of the above